Nemak Tightens, Upsizes Debut

Feb 22, 2013

Mexico’s Tenedora Nemak has raised $500m in its international DCM debut, getting $3.25bn in demand and upsizing from $300m expectations. Despite a softer market backdrop Thursday, the Ba2/BB minus Grupo Alfa auto parts manufacturer priced the 2023 NC5 at par with a 5.50% coupon, to yield UST+353.8bp,...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

Upcoming Events

Poll

Which area will be most profitable for investment banks in LatAm in 2016?

Vote    




Popular Searches